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Ecobank to FBN: Reject Otudeko’s N87.6bn share acquisition

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Ecobank has kicked against the acquisition of 4.7 billion shares of First Bank Holdings by Oba Otudeko, a former chairman of the Tier-I bank. The...

Otudeko displaces Otedola, buys N87.8bn First Bank shares

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The chairman of Nigerian conglomerate Honeywell Group, Oba Otudeko, has purchased 4.7 billion shares of the First Bank of Nigeria Holdings (FBNH), making him...

Ecobank to court: Restrain Otudeko’s Honeywell from dissipating assets

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Ecobank Nigeria Limited has asked a Federal High Court in Lagos to restrain Honeywell Group Limited from dissipating its assets pending the hearing and...

Otudeko’s debt: Ecobank places caveat on Honeywell’s N80bn shares

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Following the moves by Flour Mills Nigeria Plc to acquire 71.69 per cent of Honeywell Flour Mills shares, Ecobank Nigeria Limited has placed a...

FBN debt: Flour Mills acquires Otudeko’s shares in Honeywell for N80bn

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Flour Mills of Nigeria Plc (FMN) has acquired the 71.69 per cent stake of billionaire Oba Otudeko in the Honeywell Flour Mills Plc (HFMP),...
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